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593 Flying Point Road, Wate...

Meegan Darby, Pat Petrillo & Harald Grant Sell Water Mill SFR For $16.75M
SOLDSingle Family Residence

Meegan Darby, Pat Petrillo & Harald Grant Sell Water Mill SFR For $16.75M

593 Flying Point Road, Water Mill, NY, USA

$16,750,000

$1,329/SF

Building Size

12,600 SF

Asset Type

Single Family Residence

Closing

Aug 19, 2021

AI

An SFR located at 593 Flying Point Road in Water Mill was recently sold for $16,750,000. The property spans 12,600 square feet, resulting in a price per square foot of $1,329. The transaction was handled by brokers Meegan Darby, Pat Petrillo, and Harald Grant.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $16,750,000
  • Address: 593 Flying Point Road
  • Market: Water Mill
  • Square Footage: 12,600
  • Price per Square Foot: $1,329

The deal was facilitated by brokers Meegan Darby, Pat Petrillo, and Harald Grant. They played a vital role in ensuring the successful completion of the transaction.

Players

Harald Grant

Sotheby's International Realty

Broker

$230.4M

vol

5 deals

Broker

Water Mill Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.95%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93